CR 18/2018 Information on the dividend

Information on the dividend                                                                                                                                                                        
Current report no: 18/2018

Date: 17 August 2018

Hour: 14:48


With reference to CR 10/2018 of 25 May 2018, the Management Board of LPP SA informs that, as part of the incentive scheme adopted by Resolution no 21 of the Ordinary General Meeting of Shareholders of 19 June 2017, following the adoption of a resolution by the Supervisory Board of LPP SA on 11 May 2018, an offer has been made to participants of the incentive scheme (senior management officers), involving the exercise of their rights to acquire from the Company, in total, 117 shares in LPP SA (constituting part of treasury shares). Those shares were acquired by the participants of the incentive scheme on 16 August 2018 and, therefore, they acquired the right to receive the dividend (with the dividend date falling on 24 August 2018). Despite the acquisition of the said right, the additional 117 shares will not affect the value of the dividend per share (PLN 40.00).

CR 18 2018 – Information on the dividend

CR 17/2018 Information on a transaction involving the issuer’s shares

Information on a transaction involving the issuer’s shares  

                                                                                              
Current report no: 17/2018

Date: 20 July 2018

Hour: 5:19 pm

With reference to current report no 16/2018 on the change of a share in the total number of votes in the Company, the Management of LPP SA (further referred to as the Issuer, the Company) informs that, on 20 July 2018, the Company received notifications under MAR 19 on the conducting by persons discharging managerial responsibilities in the Company as well as persons closely associated with them of transactions relating to the establishment of a foundation, as referred to in the above-mentioned current report 16/2018, and relating to the implementation of a procedure described therein.

The Company encloses the wording of the notifications in question hereto.

                                                    

CR 17 2018 Information on a transaction involving the issuer’s shares

Notification – Marek Piechocki

Notification – Jerzy Lubianiec

Notification – Semper Simul

Notification – Sky

Notification – Forum 65

Notification – Forum 64

CR 16/2018 Notification on the change of a share in the total number of votes in the Company

Notification on the change of a share in the total number of votes in the Company

                                                                                              
Current report no: 16/2018

Date: 20 July 2018

Hour: 5.17 pm

                                                                      

The Management Board of LPP SA (further referred to as the Issuer, the Company) informs that, on 20 July 2018, the Company received notifications under Article 69 of the Public Offering Act (…) on the change of a share in the total number of votes in the Company, made by, among others, the Company’s major shareholders Mr Marek Piechocki and Mr Jerzy Lubianiec.

The notifications have been made in connection with the implementation of a procedure aimed at ensuring the continuity of the Company’s operations and generational succession following establishment by them of two foundations i.e. the Semper Simul Foundation and the Sky Foundation.

At the same time, the Issuer informs that, as provided for in the wording of the said notifications, in connection with the procedure implemented, the shares in the Company, held by the above-mentioned major shareholders, have been transferred to the foundations in question, and the shares have been acquired for the benefit of the said foundations from two funds managed by TFI Forum SA. Consequently, after the said transaction is settled, the Semper Simul Foundation will obtain a share of 31.52% in the total number of votes in the Company, while the Sky Foundation will obtain a share of 28.65% in the total number of votes in the Company.

The Company encloses the following notifications hereto:

– notification by Mr Marek Piechocki on the transfer of shares in the Company,

– notification by the Semper Simul Foundation on the acquisition of shares in the Company,

– notification by FORUM TFI SA on the transfer of shares in the Company,

– notification by Mr Jerzy Lubianiec on the transfer of shares in the Company,

– notification by the Sky Foundation on the acquisition of shares in the Company.

CR 16 2018 Notification on the change of a share in the total number of votes in the Company

Notification Marek Piechocki

Notification Semper Simul

Notification Forum TFI SA

Notification Jerzy Lubianiec

Notification Sky

CR 15/2018 – Selected preliminary consolidated financial data of LPP Capital Group for the second quarter and first half of 2018

Selected preliminary consolidated financial data of LPP Capital Group for the second quarter and first half of 2018
Current report no.: 15/2018

Date: 02.07.2018;

Time: 17.15

The Management Board of LPP SA hereby announces selected preliminary consolidated financial data of LPP SA Capital Group.

1) for the second quarter of 2018:

• Sales revenues: PLN 2.048 million (increase 20% yoy),

• Gross profit on sales: PLN 1.230 million (increase 28% yoy),

• SG&A costs: PLN 898 million (increase 21% yoy),

• Operating profit (EBIT): PLN 310 million (increase 49% yoy),

• LFL sales increased by 14.6% (in local currencies) in second quarter 2018,

• Sales area increased to 1.034 thousand sqm. (increase by 10,7% yoy),

2) for period from 01.01.2018 till 30.06.2018:

• Sales revenues: PLN 3.682 million (increase 18% yoy),

• Gross profit on sales: PLN 1.943 million (increase 23% yoy),

• SG&A costs: PLN 1.719 million (increase 18% yoy),

• Operating profit (EBIT): PLN 192 million (increase 95% yoy),

The calculations of these data have been made according to the current knowledge of the Management Board.

Please also note that a detailed financial report will be published on 04th September 2018 after the verification of all data by the auditor.

CR 15 2018 – Selected preliminary consolidated financial data of LPP Capital Group for the second quarter and first half of 2018

CR 14/2018 Changing the date of publication of the interim report

Changing the date of publication of the interim report         

                                                                                                                                 
Current Raport no.: 14/2018

Date: 28.05.2018; 09:01

 

 

The Management Board of LPP SA informs that the date of publication of the consolidated report for the first half of 2018 was changed from 5 September 2018 to 4 September 2018.

CR 14 2018 – Changing the date of publication of the interim report

CR 13/2018 Appointment of the entity authorised to audit financial statements

Appointment of the entity authorised to audit financial statements                                                                                                                                                
Raport bie??cy nr: 13/2018

Data: 25.05.2018; 14:23

 

 

The Management Board of LPP SA hereby announces that on 25 May 2018, the Supervisory Board of LPP SA, acting under section 35 of the Articles of Association of LPP SA and in accordance with applicable regulations, adopted a resolution on the appointment of the entity authorised to audit the Company’s financial statements.

The entity appointed under the resolution to audit and review separate financial statements of LPP SA and consolidated financial statements of LPP SA Group shall be Ernst & Young Audyt Polska Sp z o.o. spó?ka komandytowa its registered office in Warsaw, entered in the list of the National Council of Statutory Auditors under number 130.

In previous years, the Company used the services of Ernst & Young Audyt Polska Sp z o.o. spó?ka komandytowa.

The Supervisory Board of LPP SA has authorised the Management Board to enter into, with the above-mentioned entity, an annex to agreement for the audit of the annual financial statements of the Company and the Group for 2017 and review of interim financial statements of the Company and the Group for the above-mentioned period.

CR 13 2018 – Appointment of the entity authorised to audit financial statements

CR 12/2018 Shareholders representing at least 5% of votes at the AGM of LPP SA as at 25 May 2018

Shareholders representing at least 5% of votes at the AGM of LPP SA as at 25 May 2018     

Current report no.: 12/2018

Date: 25.05.2018, 14:17

 

The Management Board of LPP SA announces the list of shareholders holding more than 5% of votes at the AGM as at 25 June 2018:

1) Marek Piechocki 874 995 votes representing 35.6% of votes at the AGM and 27.1% of the total number of votes,

2) Jerzy Lubianiec 874 995 votes representing 35.6% of votes at the AGM and 27.1% of the total number of votes,

3) FORUM 65 FIZ 143 710 votes representing 5.9% of the number of votes at the AGM and 4.4% in the total number of votes.

CR 12 2018 – Shareholders representing at least 5% of votes at the AGM of LPP SA as at 25 May 2018

CR 11/2018 The Resolutions of the Annual General Meeting of Shareholders of LPP SA

The Resolutions of the Annual General Meeting of Shareholders of LPP SA                       

Current report no.: 11/2018

Date: 25.05.2018, 14:12


The Management Board of LPP SA publishes the content of resolutions passed on 25 May 2018 by the General Meeting of Shareholders of LPP SA as an attachment to this report.

At the same time, the Issuer announces that decided to withdraw from the appointment of the Ballot Counting Committee from the agenda due to the voting by means of the electronic voting system.

CR 11 2018 – The Resolutions of the Annual General Meeting of Shareholders of LPP SA

Resolutions of the Annual General Meeting of Shareholders of LPP SA

CR 10/2018 The information on dividend

The information on dividend  

                                                          
Current report no.: 10/2018

Date: 25.05.2018, 14:08

The Management Board of LPP SA announces that on 25 May 2018 the Annual General Meeting adopted resolution no. 21 on the distribution of profit for the financial year 2017, under which the net profit generated by the Company in the financial year 2017 in the amount of PLN 493 427 050.71 (four hundred ninety three millions four hundred twenty seven thousand fifty zloty 71/100) was allocated as follows:

1. PLN 73 342 480 (seventy three million three hundred forty two thousand four hundred and eighty Polish zlotys) to be divided among the shareholders as dividend,

2. the remaining net profit amounting to PLN 420 084 570. 71 (four hundred twenty million eighty four thousand five hundred and seventy Polish zlotys 71/100) to be excluded from division and allocated for the Company’s supplementary capital.

The Annual General Meeting of LPP SA resolved that:

1.     the dividend date (date of establishing the list of shareholders entitled to the dividend) is 24 August 2018,

2.     the dividend payment date is 14 September 2018.

As at the date of the resolution: one share of LPP SA accounts for the dividend of PLN 40.00, the number of LPP SA shares entitled to dividend is 1 833 445.

At the same time, the Management Board of LPP SA indicates that, as part of the incentive programme adopted by Resolution no 21 of the Ordinary General Meeting of Shareholders of 19 June 2017, if the Supervisory Board passes a relevant resolution, LPP SA will offer the participants of the incentive programme (managing officers) the acquisition from the Company of 117 shares in LPP SA in total (from treasury shares). If the said rights are exercised before the dividend date, 117 shares will be attached with the right to a dividend. However, the above will not affect the dividend’s value per share (PLN 40.00).

CR 10 2018 – The information on dividend